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    market news

    Gem Diamonds Recovers 114-carat Diamond at Letseng Mine

    Charlotte McLeod
    Apr. 07, 2017 09:28AM PST
    Diamond Investing

    Gem Diamonds Ltd. (LSE:GEMD) announced the recovery of a 114-carat, D-color, Type II diamond of “exceptional quality” at its Lesotho-based Letseng mine.

    Gem Diamonds Ltd. (LSE:GEMD) announced the recovery of a 114-carat, D-color, Type II diamond of “exceptional quality” at its Lesotho-based Letseng mine.
    As quoted in the press release:

    The Letšeng mine is well-known for the production of large, top colour, exceptional white diamonds, making it the highest dollar per carat kimberlite diamond mine in the world.
    Since Gem Diamonds’ acquisition of Letšeng in 2006, the mine has produced four of the 20 largest gemquality white diamonds ever recorded.

    Click here to read the full Gem Diamonds Ltd. (LSE:GEMD) press release.

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